Flutter Entertainment FLUT
NYSE FLUT
$99.26 -1.44 (-1.43%)
As of: Sep 9, 2026 · 3:59 PM EDT

Flutter Entertainment (FLUT) Gross Margin (2023 - 2026)

Flutter Entertainment's (FLUT) quarterly Gross Margin came in at 39.6% in Q2 2026, down 719.0% on a YoY basis from 6.4% in Q2 2025, and down 7.22% quarter-over-quarter from 42.68% in Q1 2026.

Analysis

Flutter Entertainment (FLUT) Gross Margin (2023 - 2026) Analysis & Trends

Flutter Entertainment (FLUT) has reported Gross Margin for 4 consecutive years, with 39.6% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Gross Margin fell 719.0% year-over-year to 39.6%; the trailing twelve-month figure through Jun 2026 stood at 42.46% (down 448.0% YoY), and the FY2025 full-year result was 45.19%, down 251.0% from the prior year.
  • Gross Margin fell to 39.6% in Q2 2026 per FLUT's latest filing, from 42.68% in the prior quarter.
  • Across five years, Gross Margin topped out at 50.32% in Q2 2023 and bottomed at 39.6% in Q2 2026.
  • Historically, Gross Margin has averaged 45.94% across 4 years, with a median of 46.39% in 2023.
  • The sharpest annual moves came in 2024 and 2026: Gross Margin soared 200 bps in 2024, then tumbled 719 bps in 2026.
  • Over 4 years, Gross Margin stood at 46.15% in 2023, then climbed by 4 bps to 48.15% in 2024, then decreased by 7 bps to 44.54% in 2025, then fell by 11 bps to 39.6% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 39.6%, 42.68%, and 44.54% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 DraftKings 21.34 Bn 20.35 Bn 551.45 Mn 38.21%
2 Flutter Entertainment 17.38 Bn 16.20 Bn 1.71 Bn 39.60%
3 Super Group (SGHC) 7.08 Bn 6.53 Bn - -
4 Rush Street Interactive 6.18 Bn 6.00 Bn 139.66 Mn 35.47%
5 Codere Online Luxembourg 412.23 Mn 342.98 Mn - -
6 Meridian Holdings 171.67 Mn 155.85 Mn 26.85 Mn 53.50%
7 High Roller Technologies 54.90 Mn 52.24 Mn - -
8 VIP Play 24.98 Mn 24.89 Mn -313,000.00 -306.86%
9 Apple iSports 16.64 Mn 16.64 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 39.60%
Mar 31, 2026 42.68%
Dec 31, 2025 44.54%
Sep 30, 2025 42.86%
Jun 30, 2025 46.79%
Mar 31, 2025 46.63%
Dec 31, 2024 48.15%
Sep 30, 2024 46.06%
Jun 30, 2024 49.18%
Mar 31, 2024 47.22%
Dec 31, 2023 46.15%
Sep 30, 2023 45.82%
Jun 30, 2023 50.32%
Mar 31, 2023 47.19%